John takes out a loan for $ 12 , 000 at a simple interest rate of 4.5 % to be paid back in 36 monthly installments. What is the amount of the monthly payments?

$378.33

Step-by-step explanation:

First we calculate the Simple interest which will be:

= 12000 × 4.5% × 3

= $1620

Total amount to be paid = $12000 + $1620 = $13620

Since there are 36 monthly installments, the amount of the monthly payments would be:

= $13620 / 36

= $378.33

area = length x width

length = 2 x width

32 = 2 x width x width

32 = 2 x width^2

36 = width ^2  

width = 6

length = 12

area is 32

perimeter = 2 x 12 + 2 x 6 = 24 + 12 = 36

step-by-step explanation: